April 2016

It’s baseball season! For many families, heading to the ballpark to watch a baseball game is a great summertime tradition. Seth stopped by the Fox 2 studios to share tips for preserving autographs on your favorite piece of baseball memorabilia. Check it out:

American Jewelry and Loan is proud to announce a partnership with Power to the Grid. Power to the Grid is dedicated to hiring, educating, and empowering individuals on the Autism spectrum.

“When we first found out about Power to the Grid at the end of last year, there was no hesitation–we have a need for talented skilled workers who can keep our ecommerce store running. This program fills that need efficiently and effectively” said Les Gold, owner of American Jewelry and Loan. “Since January they’ve been working to post items to our online store.”

Through this partnership, American Jewelry and Loan is able to add staff to their team from a previously untapped workforce–individuals who are affected by autism. “When I leave work every day, I feel fulfilled, independent, and needed” Les said “now, thanks to this program, we’re able to provide that same pride to an entirely new population who might otherwise be unemployed, under-employed, or marginalized” he added.

“Our previous partners have been businesses that hired us in something of an agency-relationship. The Golds and American Jewelry and Loan were the first to allow us to prove the concept inside their business. Our team members work on site alongside the other employees” added Stefan Kogler who founded the program in 2014 “we needed a business who was open to giving it a chance.”

“We were the first business to test this model–and if we have been able to make it happen in the back of a pawnshop, then I believe that literally any business can take advantage of this same opportunity” said Seth Gold, who oversees the ecommerce department for the store.

Visit pawndetroit.com to see items that have been uploaded by our Power to the Grid partners. Learn more about this program at www.powertothegrid.com.

[Reuters via Forbes.com] Gold rose on Thursday as a drop in equities boosted its appeal as an alternative asset, heading for its biggest quarterly gain in nearly 30 years as expectations that the Federal Reserve would press ahead with interest rate hikes receded.

The metal is highly exposed to rising rates, which lift the opportunity cost of holding non-yielding assets while boosting the dollar. It fell 10 percent last year ahead of the first U.S. rate increase in nearly a decade in December.

Spot gold was up 0.8% at $1,234.61 an ounce early Thursday, while U.S. gold futures for April delivery were up $8 an ounce at $1,236.60. [Read full article at Forbes.com]

If YOU’VE been holding on to unwanted or broken pieces of Gold jewelry, bring it to one of our Metro Detroit stores to get the MOST Cash for Your Gold!

AJL was opened in 1978, and has since become one of the largest and most recognized pawn shops in the world. It is the setting of the record-breaking reality show, Hardcore Pawn, but remains a dedicated, full-service pawn shop for the Metro Detroit area and beyond.